N5bn (5,097,064,000) — Seven North-West states
N681m to REC and five others
N500m to Cross River PDP chairman
N359m to INEC officials in Oyo and Ogun
N49.7m profit from Fidelity Bank
N700m to two politicians in South-East

The Economic and Financial Crimes Commission (EFCC) has located the
whereabouts of N15billion out of the N23.29billion ($115m) offered as
bribe by the Peoples Democratic Party (PDP) to officials of INEC as part
of an elaborate plot to rig the 2015 general elections.

According The Nation, the bribe was for the purpose of compromising the
result of the elections which the party’s presidential candidate Dr.
Goodluck Jonathan lost to Muhammadu Buhari of the APC.

Fourteen directors of four oil firms suspected of substantially
bankrolling the N23.29b poll bribery scandal have also been identified
by EFCC, as some ex-Ministers arrested were battling for bail.

Some of their former colleagues are said to be shocked by the alleged
involvement of the ex-ministers in the disbursement of the slush funds.

Well placed sources said: “EFCC chairman Ibrahim Magu and his crack team
have gone far in tracing more than N15billion of the N23.29billion
shared to PDP leaders and INEC officials in the six zones to influence
election results and stop APC from being declared winner of the 2015
presidential election.

“Some of the beneficiaries have started refunding the cash given to
them. We have the list of all beneficiaries from Fidelity Bank. This is
one of the reasons why we kept the MD of the bank and Head of Operations
in custody. Our priority is to recover the bribe cash.

“By the time we get reports from all the geopolitical zones, we would
have tracked down the bribe sum. Findings confirmed that the poll
bribery cash was shared between February and April 2015 in a desperate
and untidy manner.

“Our concern is not about any party but the use of proceeds from stolen oil to bribe INEC officials.”

One of the 14 bank directors has been quizzed by the anti-graft commission.

The big oil barons are believed to have contributed $88.35million of the
$115million (N23.29b) remitted to Fidelity Bank by the ex-Minister.

Investigation revealed that the EFCC obtained the list of 14 directors of the firms from the CAC.

A source said: “From the list obtained from CAC, about 14 directors of
the four oil firms involved in the bribery scandal have been identified.

“We are screening the list to know the roles played by each of the
directors in the bribery offer. We will invite these barons for
interrogation any moment from now. We will also release their names to
the public soon.

“Some of these directors or owners of the oil firms are stakeholders in a
few other oil companies which were highly favoured by Diezani.”

Meanwhile, the camp of ex-ministers in the administration of Jonathan
was split following revelations on how huge cash was disbursed to some
of their colleagues for the 2015 poll.

A reliable source in the camp said: “I am just ashamed to read about
this scandal because I never knew such a scandal was being perpetrated.
It is mind-boggling.

“Some of these ministers implicated in the bribery were pretentiously
running to their colleagues to beg for money during and after the
general election. They thought they had covered their track.”

Another ex-Minister said: “I am shocked beyond words. I was in the
cabinet but more of a passenger. Even the ex-President was not fair to
some of us.”